Hosted by Jared, a USMC Veteran, who talks about business, life and the path to success. The raw deal, to include failures and lessons learned, all happening live with little to no editing. The "Block Venture" is about the building blocks of building a stable business with a solid foundation. This stems from our agency's internal system, a foundational concept that any business could embrace to level up their company. All you need to do is act and build up the venture one block at a time. Foundation first, then you grow.
Summary
The conversation is about having integrity in business and not lying about services. The host shares a situation where a veteran posted about their credit card processing services and made false claims. The host explains the structure of the credit card processing industry and how fees are involved. He emphasizes the importance of not lying about services and discusses the concept of cash discount. The host concludes by highlighting the need for integrity in business.
Keywords
integrity, business, lying, services, credit card processing, fees, cash discount
Takeaways
Integrity is crucial in business and it is important not to lie about services.
The credit card processing industry has a pyramid structure and involves multiple levels of fees.
Cash discount is a concept where customers are enticed to pay in cash to receive a discount.
Lying about services is not the right way to market and promote a business.
Having a code of ethics and standards is important in business, especially for veterans.
Sound Bites
"You should not be lying about your services."
"Cash discount is to entice people to pay in cash to pay less for their product or service."
"If you're not swiping a card, you're not going to pay a transaction fee to Visa, right?"
Chapters
00:00 Introduction: Integrity in Business
03:55 The Structure of the Credit Card Processing Industry
08:17 Explaining Cash Discount
10:33 The Consequences of Lying About Services
13:31 Maintaining a Code of Ethics and Standards
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2 May 2024
E064. Sidebar - Be Weary of Ancillary Services
Summary
Jared discusses the importance of vetting service providers, especially those offering ancillary services, to ensure they specialize and excel in those services. He shares an experience with a martial arts school where poor service could lead to a contract termination and touches on KickSight, a CRM designed for martial arts schools.
The conversation also covers the challenges of website development, emphasizing SEO, admin access frustrations, and the significance of user roles and client education in website management.
Jared critiques third-party software companies building websites and stresses investing in high-quality web design for business growth.
Chapters
00:00 Introduction and Overview
02:41 The Story of a Termination
05:13 Website Building and Maintenance
07:26 Access Limitations and Communication Issues
09:44 The Role of the 'Firefighter'
11:56 The Risks of Not Having Admin Access
13:59 The Pitfalls of Relying on Third-Party Software for Website Building
19:31 Chapter 1: The Power of Integrations
20:02 Chapter 2: Enjoying the Process of Building Websites
21:31 Chapter 3: The Passion for Writing Code
23:38 The Joy of Building Websites and Writing Code
24:08 The Importance of Delivering High-Quality Products
24:29 The Challenge of Communicating the Value of Technical Work
25:09 Providing Solutions that Clients Can Understand and Use
25:18 The Challenges of Finding a Reliable Website Development Agency
26:20 Avoiding Substandard Work: The Importance of Vetting Agencies
27:38 Profit vs Quality: The Problem with Some Website Development Agencies
28:30 Making Informed Decisions in Website Development
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Support this podcast: https://podcasters.spotify.com/pod/show/realbuildingblocks/support (https://podcasters.spotify.com/pod/show/realbuildingblocks/support)
16 Feb 2024
E063. Sidebar - A.I. Survivor, From Skeptic to Believer
In this sidebar episode, our host takes a personal detour to reflect on his own evolving relationship with artificial intelligence. This sidebar conversation, more intimate and candid than our usual format, invites listeners into a journey of skepticism, discovery, and eventual admiration towards AI.
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Support this podcast: https://podcasters.spotify.com/pod/show/realbuildingblocks/support (https://podcasters.spotify.com/pod/show/realbuildingblocks/support)
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